In the matter of VC Computer Holdings [2015] CIFsd 13 (17 April 2015)

In the matter of VC Computer Holdings [2015] CIFsd 13 (17 April 2015)

The court found that VC Computer Holdings was unable to pay its debts and ordered that the company be wound up in accordance with the Companies Law.

Citation
[2015] CIFsd 13
Parties
Subject Company: VC Computer Holdings
Jurisdiction
Cayman Islands
Judgment Date
17 April 2015
Procedural Posture
Company Matter / Judgment
Outcome
winding up order granted
Legal Topics
Winding Up, Insolvency
Company Law Winding Up Insolvency

Case Brief

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Parties

VC Computer Holdings

Subject Company

Procedural Posture

Company Matter / Judgment

Legal Issues

  1. 1 Whether VC Computer Holdings should be wound up under the Companies Law

Ratio Decidendi

The court found that VC Computer Holdings was unable to pay its debts and ordered that the company be wound up in accordance with the Companies Law.

Court Disposition

winding up order granted

Orders

  • VC Computer Holdings is to be wound up under the Companies Law